Fintech startup Pelocal secures $5 Mn in Series A funding

Fintech company Pelocal has raised  $5 million in Series A funding round led by UNLEASH Capital Partners and Unicorn India Ventures, with participation from prominent angel investors.

The Noida-based company had previously raised $2 million in its seed round in October 2024, led by Unicorn India Ventures.

The fresh funds will be utilized to accelerate product development, expand existing use cases, and push go-to-market efforts, Pelocal said in a press release.

Co-founded in 2021 by Vivekanand Tripathi and Vikas Garg, Pelocal’s AI-powered payments…